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Published byvijay mehta Modified over 8 years ago
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Entrepreneurship & Business development.
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Introduction Meaning and definition of entrepreneurship. is the process of creating something new with value by devoting necessary time and effort, assuming the accompanying financial, psychic, and social risks and receiving the resulting rewards of monitory and personal satisfaction and independence.
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Creation process. 1.market- by innovation.. 2. Procedure and software. 3.Prospective students. 4.New srevices.NGO’s.
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Time and efforts. To create something new and make it operational.
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Risks. Financial- psychological and social. financial: poor sales – lack of capital – managerial ability. Psychological: enthusiasm – frustration- anxiety- hard work. Social: status – reputation.
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Rewards. 1.profits. Monitory. 2.Presonal satisfaction.
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